Teekay Tankers
125 hedge funds and large institutions have $234M invested in Teekay Tankers in 2014 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 39 increasing their positions, 24 reducing their positions, and 12 closing their positions.
300% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 12
227% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $447K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
94% more capital invested
Capital invested by funds: $121M → $234M (+$114M)
63% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 24
37% more funds holding
Funds holding: 91 → 125 (+34)
0.67% more ownership
Funds ownership: 5.68% → 6.35% (+0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$23.2M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$8.83M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$4.5M |
| 4 |
Renaissance Technologies
New York
|
+$1.69M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$1.41M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.15M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$857K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$414K |
| 5 |
HHC
Hutchin Hill Capital
New York
|
-$319K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$414K | -13,888 | Closed |
|
|
HHC
127
Hutchin Hill Capital
New York
| – | -$319K | -10,688 | Closed |
|
|
HCM
128
Highbridge Capital Management
New York
| – | -$283K | -9,482 | Closed |
|
129
Millennium Management
New York
| – | -$239K | -8,006 | Closed |
|
130
Nomura Holdings
Tokyo,
Japan
| – | -$183K | -6,129 | Closed |
|
|
PAM
131
Panagora Asset Management
Boston,
Massachusetts
| – | -$110K | -3,690 | Closed |
|
|
DLG
132
Daniel L. Goodwin
| – | -$56K | -1,875 | Closed |
|
133
Ameriprise
Minneapolis,
Minnesota
| – | -$14K | -465 | Closed |
|
134
BNP Paribas Financial Markets
Paris,
France
| – | -$13.8K | -462 | Closed |
|
|
TCM
135
Tradewinds Capital Management
Bellingham,
Washington
| – | -$4K | -125 | Closed |
|
|
SFSIG
136
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$1K | -38 | Closed |
|
137
Parallax Volatility Advisers
San Francisco,
California
| – | +$69 | +2 | New |
|
TNK Hedge Fund Activity: Q4 2014 in Review
125 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q4 2014, worth a combined $234M — up 94% from $121M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new TNK positions and 12 closed out — a net gain of 36 holders — while 39 added to existing stakes and 24 trimmed.
The largest buyer was Huber Capital Management, opening a new position worth an estimated $23.2M. The largest seller was Senvest Management, exiting entirely with an estimated $1.41M sold.
- 125 institutional investors held Teekay Tankers (TNK) as of Q4 2014, up from 91 in Q3 2014.
- Funds reported $234M of Teekay Tankers stock for Q4 2014, up 94% quarter-over-quarter.
- 48 funds opened new Teekay Tankers positions in Q4 2014 and 12 closed out, a net change of +36 holders.
- The largest Teekay Tankers buyer in Q4 2014 was Huber Capital Management, an estimated $23.2M added.
- The largest Teekay Tankers seller in Q4 2014 was Senvest Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2014.